0001213900-26-054769
SEC filingUcommune International Ltd entered into a securities purchase agreement to sell 298,820 Series A preferred shares for $1.5 million, with closing expected on or about May 7, 2026.
Ucommune International Ltd (the Company) entered into a Securities Purchase Agreement dated May 6, 2026, to sell up to 298,820 Series A preferred shares at a par value of $0.24 per share, for an aggregate purchase price of $1,500,000. The offering is made in reliance on the exemption from registration under Section 4(a)(2) of the Securities Act of 1933. The preferred shares are convertible into Class A ordinary shares and rank senior to all ordinary shares with respect to dividends and liquidation preferences. The closing is expected to occur on the first business day after satisfaction of customary conditions. The proceeds will be used for general corporate purposes. This financing strengthens the Company's balance sheet and provides capital for ongoing operations.